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Re: researcher11 post# 1026

Saturday, 02/24/2018 7:24:14 PM

Saturday, February 24, 2018 7:24:14 PM

Post# of 3433
Hey researcher. I've been in this stock since not too long after they came public (I'd say late June/of last year). There are some unanswered questions and some communication/transparency issues with management. For example, on their most recently announced JV with the greenhouse company...what % ownership/production is CBW going to get from this deal and what costs are they going to incur? The reason that the price didn't move with that announcement is because without some basic details, it's a nothingburger.

I don't watch this tick by tick, but I have watched the stock fall 50% from it's 52 week high, almost straight down, in a month's time. Yes, many of the MJ stocks have been down, but most aren't down 50% off of their highs and most are much more transparent.

As I said, I'm still holding my entire position for now because I think Chuck knows what he's doing, and the fact that he just threw over $5 million of his own money in to exercise warrants and not sell them gives me some comfort, but knowing in his own head what they're going to do and effectively explaining it to shareholders and the investment community is something totally different. I like to do my own #'s and come up with my own projections, which I was previously able to do, but I can no longer do that as I don't even know what JV deals are still on and which ones are off because the company doesn't announce when one of them falls through. Go look up Harvest One if you think I'm wrong about that...